Financial
Distress signals
Property profile

109 Professional Park Dr 200 Mooresville, NC 28117

FOR LEASE
Office buildings
Property ID
US53-1884579
10,372 SF 1.02 ac lot Built 2000
Last sale May 2021 · $1,825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 4,851-square-foot second-floor office unit located at 109 Professional Park Drive, Suite #200, within a business park completed in 2000. The suite layout includes a reception area, multiple private offices, conference rooms, open work areas, a breakroom, and private restrooms. Elevator access serves the second floor, and the overall property includes ample on-site parking and monument signage opportunities. The business park setting places the property near I-77, Downtown Mooresville, and the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$2.08M
Assessed land$605k
Assessed improvement$1.48M
Effective rate0.98%

Value estimate

· Sep 2026
$1.90M
$1.71M – $2.08M
AI approach$1.86M
Sales comparison$2.08M
NOI build-up
Gross scheduled income$126k
Vacancy & credit loss−$13k
Operating expenses−$28k
NOI · 809.41% cap applied$85k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$300/SF
ZIP average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$190 – $448
Qualifying comparables4

Cap rate analysis

How does the asset earn?
809.41%
$85k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CM
The CM (Corridor Mixed Use) zoning district is intended to accommodate a mix of retail, office, hotel, and institutional development, as ...
General categoryMIXED_USE
JurisdictionIREDELL

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.2
Auto Repair Shop13.8
Wholesale Shop13.0

Location

109 Professional Park Dr, Unit 200 Mooresville, NC 28117
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
532 Williamson, Mooresville, NC 28117-9186 $215,000 Oct 2024 7,853 SF
464 Williamson, Mooresville, NC 28117-9185 $2,425,000 Dec 2022 10,606 SF
2788 Charlotte, Mooresville, NC 28117-8050 $4,000,000 May 2022 9,500 SF
Bluefield, Mooresville, NC 28117 $1,200,000 Sep 2021 6,561 SF
295 Williamson, Mooresville, NC 28117-8268 $3,689,000 Aug 2021 8,904 SF
149 Rolling Hl, Mooresville, NC 28117-8804 $962,000 Mar 2021 9,528 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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